Show tuI A STOP TO IO ITA IT hr ITA A guillotine chopping away at a dollar doesn't present a av avery avery v very ry pretty prelly picture but hut that is what inflation does docs to to money Worse c. c it ii is i. is people c themselves who arc are cut up in the process especially those least able to cope with inflation the the poor loor the elderly the unemployed and those retired on fixed incomes In addition inflation leads to more unemployment It I re reduces reduces reduces re- re duces jobs by drying up purchasing power and undermining consumer confidence which leads to reduced sales and less production Inflation has ha many causes But Out low productivity and chronic d deficit spending by hy government lead the list The result is h too much money mon chasing chaing too few goods Th These problems rat fun he be solved and a good beginning is to require government nt to lO start balancing its books The new newa a administration and Congress could do worse than get crack crack- in ing on un I he the need need ti IP 10 keep political promises within the nations nation's capacity U to In P pay lY their cost We could thus not only save the he dollar but hut important save the nation itself from the thc rava ravages 5 of inflation |